Micro combined heat and power or mCHP is an extension of the idea of cogeneration to the single/multi family home or small office building in the range of up to 50 kW. Local generation has the potential for a higher efficiency than traditional grid-level generators since it lacks the 8-10% energy losses from transporting electricity over long distances. It also lacks the 10?15% energy losses from heat transfer in district heating networks due to the difference between the thermal energy carrier (hot water) and the colder external environment. The most common systems use natural gas as their primary energy source and emit carbon dioxide.
This report aims to provide a comprehensive presentation of the global market for MCHP, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding MCHP. This report contains market size and forecasts of MCHP in global, including the following market information:
Global MCHP Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global MCHP market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A micro-CHP system usually contains a small fuel cell or a heat engine as a prime mover used to rotate a generator which provides electric power, while simultaneously utilizing the waste heat from the prime mover for an individual building's heating, ventilation, and air conditioning. A micro-CHP generator may primarily follow heat demand, delivering electricity as the by-product, or may follow electrical demand to generate electricity and use heat as the by-product.
We surveyed the MCHP companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global MCHP Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global MCHP Market Segment Percentages, by Type, 2022 (%)
Engine Based
Fuel-Cell Based
Global MCHP Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global MCHP Market Segment Percentages, by Application, 2022 (%)
Commercial
Residential
Global MCHP Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global MCHP Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies MCHP revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies MCHP revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Honda Power
Vaillant
Yanmar
Ceres Power
Qnergy
Aisin
BDR Thermea
Centrica
Mondragon
Viessmann
Dantherm Power
Nucusa Energy
Solid Power
Outline of Major Chapters:
Chapter 1: Introduces the definition of MCHP, market overview.
Chapter 2: Global MCHP market size in revenue.
Chapter 3: Detailed analysis of MCHP company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of MCHP in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 MCHP Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global MCHP Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global MCHP Overall Market Size
2.1 Global MCHP Market Size: 2022 VS 2029
2.2 Global MCHP Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top MCHP Players in Global Market
3.2 Top Global MCHP Companies Ranked by Revenue
3.3 Global MCHP Revenue by Companies
3.4 Top 3 and Top 5 MCHP Companies in Global Market, by Revenue in 2022
3.5 Global Companies MCHP Product Type
3.6 Tier 1, Tier 2 and Tier 3 MCHP Players in Global Market
3.6.1 List of Global Tier 1 MCHP Companies
3.6.2 List of Global Tier 2 and Tier 3 MCHP Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global MCHP Market Size Markets, 2022 & 2029
4.1.2 Engine Based
4.1.3 Fuel-Cell Based
4.2 By Type - Global MCHP Revenue & Forecasts
4.2.1 By Type - Global MCHP Revenue, 2018-2023
4.2.2 By Type - Global MCHP Revenue, 2024-2029
4.2.3 By Type - Global MCHP Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global MCHP Market Size, 2022 & 2029
5.1.2 Commercial
5.1.3 Residential
5.2 By Application - Global MCHP Revenue & Forecasts
5.2.1 By Application - Global MCHP Revenue, 2018-2023
5.2.2 By Application - Global MCHP Revenue, 2024-2029
5.2.3 By Application - Global MCHP Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global MCHP Market Size, 2022 & 2029
6.2 By Region - Global MCHP Revenue & Forecasts
6.2.1 By Region - Global MCHP Revenue, 2018-2023
6.2.2 By Region - Global MCHP Revenue, 2024-2029
6.2.3 By Region - Global MCHP Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America MCHP Revenue, 2018-2029
6.3.2 US MCHP Market Size, 2018-2029
6.3.3 Canada MCHP Market Size, 2018-2029
6.3.4 Mexico MCHP Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe MCHP Revenue, 2018-2029
6.4.2 Germany MCHP Market Size, 2018-2029
6.4.3 France MCHP Market Size, 2018-2029
6.4.4 U.K. MCHP Market Size, 2018-2029
6.4.5 Italy MCHP Market Size, 2018-2029
6.4.6 Russia MCHP Market Size, 2018-2029
6.4.7 Nordic Countries MCHP Market Size, 2018-2029
6.4.8 Benelux MCHP Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia MCHP Revenue, 2018-2029
6.5.2 China MCHP Market Size, 2018-2029
6.5.3 Japan MCHP Market Size, 2018-2029
6.5.4 South Korea MCHP Market Size, 2018-2029
6.5.5 Southeast Asia MCHP Market Size, 2018-2029
6.5.6 India MCHP Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America MCHP Revenue, 2018-2029
6.6.2 Brazil MCHP Market Size, 2018-2029
6.6.3 Argentina MCHP Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa MCHP Revenue, 2018-2029
6.7.2 Turkey MCHP Market Size, 2018-2029
6.7.3 Israel MCHP Market Size, 2018-2029
6.7.4 Saudi Arabia MCHP Market Size, 2018-2029
6.7.5 UAE MCHP Market Size, 2018-2029
7 MCHP Companies Profiles
7.1 Honda Power
7.1.1 Honda Power Company Summary
7.1.2 Honda Power Business Overview
7.1.3 Honda Power MCHP Major Product Offerings
7.1.4 Honda Power MCHP Revenue in Global Market (2018-2023)
7.1.5 Honda Power Key News & Latest Developments
7.2 Vaillant
7.2.1 Vaillant Company Summary
7.2.2 Vaillant Business Overview
7.2.3 Vaillant MCHP Major Product Offerings
7.2.4 Vaillant MCHP Revenue in Global Market (2018-2023)
7.2.5 Vaillant Key News & Latest Developments
7.3 Yanmar
7.3.1 Yanmar Company Summary
7.3.2 Yanmar Business Overview
7.3.3 Yanmar MCHP Major Product Offerings
7.3.4 Yanmar MCHP Revenue in Global Market (2018-2023)
7.3.5 Yanmar Key News & Latest Developments
7.4 Ceres Power
7.4.1 Ceres Power Company Summary
7.4.2 Ceres Power Business Overview
7.4.3 Ceres Power MCHP Major Product Offerings
7.4.4 Ceres Power MCHP Revenue in Global Market (2018-2023)
7.4.5 Ceres Power Key News & Latest Developments
7.5 Qnergy
7.5.1 Qnergy Company Summary
7.5.2 Qnergy Business Overview
7.5.3 Qnergy MCHP Major Product Offerings
7.5.4 Qnergy MCHP Revenue in Global Market (2018-2023)
7.5.5 Qnergy Key News & Latest Developments
7.6 Aisin
7.6.1 Aisin Company Summary
7.6.2 Aisin Business Overview
7.6.3 Aisin MCHP Major Product Offerings
7.6.4 Aisin MCHP Revenue in Global Market (2018-2023)
7.6.5 Aisin Key News & Latest Developments
7.7 BDR Thermea
7.7.1 BDR Thermea Company Summary
7.7.2 BDR Thermea Business Overview
7.7.3 BDR Thermea MCHP Major Product Offerings
7.7.4 BDR Thermea MCHP Revenue in Global Market (2018-2023)
7.7.5 BDR Thermea Key News & Latest Developments
7.8 Centrica
7.8.1 Centrica Company Summary
7.8.2 Centrica Business Overview
7.8.3 Centrica MCHP Major Product Offerings
7.8.4 Centrica MCHP Revenue in Global Market (2018-2023)
7.8.5 Centrica Key News & Latest Developments
7.9 Mondragon
7.9.1 Mondragon Company Summary
7.9.2 Mondragon Business Overview
7.9.3 Mondragon MCHP Major Product Offerings
7.9.4 Mondragon MCHP Revenue in Global Market (2018-2023)
7.9.5 Mondragon Key News & Latest Developments
7.10 Viessmann
7.10.1 Viessmann Company Summary
7.10.2 Viessmann Business Overview
7.10.3 Viessmann MCHP Major Product Offerings
7.10.4 Viessmann MCHP Revenue in Global Market (2018-2023)
7.10.5 Viessmann Key News & Latest Developments
7.11 Dantherm Power
7.11.1 Dantherm Power Company Summary
7.11.2 Dantherm Power Business Overview
7.11.3 Dantherm Power MCHP Major Product Offerings
7.11.4 Dantherm Power MCHP Revenue in Global Market (2018-2023)
7.11.5 Dantherm Power Key News & Latest Developments
7.12 Nucusa Energy
7.12.1 Nucusa Energy Company Summary
7.12.2 Nucusa Energy Business Overview
7.12.3 Nucusa Energy MCHP Major Product Offerings
7.12.4 Nucusa Energy MCHP Revenue in Global Market (2018-2023)
7.12.5 Nucusa Energy Key News & Latest Developments
7.13 Solid Power
7.13.1 Solid Power Company Summary
7.13.2 Solid Power Business Overview
7.13.3 Solid Power MCHP Major Product Offerings
7.13.4 Solid Power MCHP Revenue in Global Market (2018-2023)
7.13.5 Solid Power Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. MCHP Market Opportunities & Trends in Global Market
Table 2. MCHP Market Drivers in Global Market
Table 3. MCHP Market Restraints in Global Market
Table 4. Key Players of MCHP in Global Market
Table 5. Top MCHP Players in Global Market, Ranking by Revenue (2022)
Table 6. Global MCHP Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global MCHP Revenue Share by Companies, 2018-2023
Table 8. Global Companies MCHP Product Type
Table 9. List of Global Tier 1 MCHP Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 MCHP Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global MCHP Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - MCHP Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - MCHP Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global MCHP Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - MCHP Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - MCHP Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global MCHP Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global MCHP Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global MCHP Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America MCHP Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America MCHP Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe MCHP Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe MCHP Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia MCHP Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia MCHP Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America MCHP Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America MCHP Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa MCHP Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa MCHP Revenue, (US$, Mn), 2024-2029
Table 30. Honda Power Company Summary
Table 31. Honda Power MCHP Product Offerings
Table 32. Honda Power MCHP Revenue (US$, Mn) & (2018-2023)
Table 33. Honda Power Key News & Latest Developments
Table 34. Vaillant Company Summary
Table 35. Vaillant MCHP Product Offerings
Table 36. Vaillant MCHP Revenue (US$, Mn) & (2018-2023)
Table 37. Vaillant Key News & Latest Developments
Table 38. Yanmar Company Summary
Table 39. Yanmar MCHP Product Offerings
Table 40. Yanmar MCHP Revenue (US$, Mn) & (2018-2023)
Table 41. Yanmar Key News & Latest Developments
Table 42. Ceres Power Company Summary
Table 43. Ceres Power MCHP Product Offerings
Table 44. Ceres Power MCHP Revenue (US$, Mn) & (2018-2023)
Table 45. Ceres Power Key News & Latest Developments
Table 46. Qnergy Company Summary
Table 47. Qnergy MCHP Product Offerings
Table 48. Qnergy MCHP Revenue (US$, Mn) & (2018-2023)
Table 49. Qnergy Key News & Latest Developments
Table 50. Aisin Company Summary
Table 51. Aisin MCHP Product Offerings
Table 52. Aisin MCHP Revenue (US$, Mn) & (2018-2023)
Table 53. Aisin Key News & Latest Developments
Table 54. BDR Thermea Company Summary
Table 55. BDR Thermea MCHP Product Offerings
Table 56. BDR Thermea MCHP Revenue (US$, Mn) & (2018-2023)
Table 57. BDR Thermea Key News & Latest Developments
Table 58. Centrica Company Summary
Table 59. Centrica MCHP Product Offerings
Table 60. Centrica MCHP Revenue (US$, Mn) & (2018-2023)
Table 61. Centrica Key News & Latest Developments
Table 62. Mondragon Company Summary
Table 63. Mondragon MCHP Product Offerings
Table 64. Mondragon MCHP Revenue (US$, Mn) & (2018-2023)
Table 65. Mondragon Key News & Latest Developments
Table 66. Viessmann Company Summary
Table 67. Viessmann MCHP Product Offerings
Table 68. Viessmann MCHP Revenue (US$, Mn) & (2018-2023)
Table 69. Viessmann Key News & Latest Developments
Table 70. Dantherm Power Company Summary
Table 71. Dantherm Power MCHP Product Offerings
Table 72. Dantherm Power MCHP Revenue (US$, Mn) & (2018-2023)
Table 73. Dantherm Power Key News & Latest Developments
Table 74. Nucusa Energy Company Summary
Table 75. Nucusa Energy MCHP Product Offerings
Table 76. Nucusa Energy MCHP Revenue (US$, Mn) & (2018-2023)
Table 77. Nucusa Energy Key News & Latest Developments
Table 78. Solid Power Company Summary
Table 79. Solid Power MCHP Product Offerings
Table 80. Solid Power MCHP Revenue (US$, Mn) & (2018-2023)
Table 81. Solid Power Key News & Latest Developments
List of Figures
Figure 1. MCHP Segment by Type in 2022
Figure 2. MCHP Segment by Application in 2022
Figure 3. Global MCHP Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global MCHP Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global MCHP Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by MCHP Revenue in 2022
Figure 8. By Type - Global MCHP Revenue Market Share, 2018-2029
Figure 9. By Application - Global MCHP Revenue Market Share, 2018-2029
Figure 10. By Type - Global MCHP Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global MCHP Revenue Market Share, 2018-2029
Figure 12. By Application - Global MCHP Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global MCHP Revenue Market Share, 2018-2029
Figure 14. By Region - Global MCHP Revenue Market Share, 2018-2029
Figure 15. By Country - North America MCHP Revenue Market Share, 2018-2029
Figure 16. US MCHP Revenue, (US$, Mn), 2018-2029
Figure 17. Canada MCHP Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico MCHP Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe MCHP Revenue Market Share, 2018-2029
Figure 20. Germany MCHP Revenue, (US$, Mn), 2018-2029
Figure 21. France MCHP Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. MCHP Revenue, (US$, Mn), 2018-2029
Figure 23. Italy MCHP Revenue, (US$, Mn), 2018-2029
Figure 24. Russia MCHP Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries MCHP Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux MCHP Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia MCHP Revenue Market Share, 2018-2029
Figure 28. China MCHP Revenue, (US$, Mn), 2018-2029
Figure 29. Japan MCHP Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea MCHP Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia MCHP Revenue, (US$, Mn), 2018-2029
Figure 32. India MCHP Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America MCHP Revenue Market Share, 2018-2029
Figure 34. Brazil MCHP Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina MCHP Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa MCHP Revenue Market Share, 2018-2029
Figure 37. Turkey MCHP Revenue, (US$, Mn), 2018-2029
Figure 38. Israel MCHP Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia MCHP Revenue, (US$, Mn), 2018-2029
Figure 40. UAE MCHP Revenue, (US$, Mn), 2018-2029
Figure 41. Honda Power MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Vaillant MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Yanmar MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Ceres Power MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Qnergy MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Aisin MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. BDR Thermea MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Centrica MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Mondragon MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Viessmann MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Dantherm Power MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Nucusa Energy MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Solid Power MCHP Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
